News / International

Gulf refining capacity to touch 10m bpd by 2015

The Gulf region's refining capacity will grow by about 3 million barrels per day (bpd) to about 10 million bpd by 2015 to help meet the region's burgeoning demand for oil products, said a senior executive of Saudi Aramco.

GE wins $1bn gas turbine deal in Algeria

General Electric has won a contract worth nearly $1bn to supply Algeria with gas turbines for power stations in the latest sign of the growing popularity of gas-fired power generation.

G8 and Asian powers seek increase in oil production

Eleven nations that guzzle nearly two-thirds of the world's energy called on Sunday for an urgent hike in global oil production as host Japan warned the world could plunge into recession.

Sudan seeks arbitration over oil rift

Sudan's president and southern Sudan's leader said they would turn to international arbitrators to solve a bitter dispute over an oil-rich region that many fear could escalate into civil war.

Gazprom reveals Alaska pipe dream

Russian gas export monopoly Gazprom wants to join a gas pipeline project in Alaska and has already made a proposal to BP and ConocoPhillips, its chief executive.

Interpipe NTRP to build 1st environmentally friendly pipe coating line in Ukraine

As part of its ongoing strategic investment program, leading tubular wheel company, Interpipe today announced the launch of its project to build a pipe coating line based at Interpipe NTRP. The planned production capacity of the line is 250 thousand tons (of pipes) per year and is the first of this size in Ukraine.

Schlumberger, Maersk beat record

Oilfield services giant Schlumberger and the Qatar arm of Denmark's Maersk Oil teamed up to drill the longest well in the world – in the Al Shaheen field offshore Qatar.

Aminex receives new acreage award in Tanzania

Aminex PLC, the oil and gas company listed in London and Dublin announced the award of a further Production Sharing Agreement (PSA) in Tanzania.

Putin warned BP about Russia risks

Russia's Prime Minister Vladimir Putin said he had warned BP about the risks of setting up a venture with a group of Russian billionaires when he blessed its creation as president in 2003.

Iranian gas supplies to Turkey resume after pipeline blast

Iran said it has resumed supplying natural gas to Turkey five days after an explosion damaged a pipeline between the two countries, state media reported.

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